Local News

DUBAI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, and N. Chandrababu Naidu, Chief Minister of the Indian State of Andhra Pradesh, have discussed the means of consolidating the joint economic and trade co-operation between the UAE and Andhra Pradesh, by focussing on potential opportunities in the fields of innovation and advanced technology, along with infrastructure, logistical services, ...

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX), the region’s leading financial market will host its annual forum for Abu Dhabi’s listed companies on Tuesday, October 24, at the Rosewood Hotel on Al Maryah Island. The forum is part of ADX’s objectives towards strengthening and developing its strategic partnerships with listed companies, as well as keeping partners up-to-date with ...

DUBAI / WAM Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, stated that the people of the UAE are the cornerstone of the country’s development and endeavours to reduce energy and water consumption while increasing the use of solar energy in private properties. In his speech at the annual International Energy Day on Sunday, Al Mazrouei ...

DUBAI / WAM The Emirates Authority for Standardisation and Metrology (ESMA) confirmed that 99 percent of fuel metres in the UAE’s petrol stations are faultless in reading and measurement, and the percentage of non-conforming fuel metres at state-level fuel supply stations has dropped to one percent. According to Abdulla Abdul Qader Al Maeeni, Director-General of ESMA, the authority is continuously ...

ABU DHABI / WAM The technological advancements the world is witnessing at present have significantly contributed to the changing character of war, Noura bint Mohammed Al Kaabi, Minister of Culture and Knowledge Development, said in her speech at the Ministry of Defence organised ‘The Leaders Conference: War in the 21st Century’ event, which opened in Abu Dhabi. “Thanks to an ...

DUBAI / Emirates Business WETEX 2017 plays a vital role in supporting the efforts of the leadership of Dubai and the UAE on the global green economy and sustainable development map, said HE Saeed Mohamed Al Tayer, MD & CEO of Dubai Electricity and Water Authority. The 19th edition of the Water, Energy, Technology, and Environment Exhibition (WETEX), the largest ...

Abu Dhabi / Emirates Business The Offshore and Marine industry is expected to see increased business at this year’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), with analysts predicting modest increases in spending for maintenance and production in the oil sector, and significant investment expected for new offshore natural gas projects in the Eastern Mediterranean. Analysis by consultancy Douglas-Westwood ...

Abu Dhabi / Emirates Business Krypto Labs, a world-class ecosystem for groundbreaking start-ups, will officially inaugurate its custom-built all-in-one incubator, accelerator and co-working space in the heart of Masdar City, Abu Dhabi, helping bridge the gap between innovators and investors. The new 2,600 square-metre facility comprises state-of-the-art resources including an advanced computing and 3D printing lab, technical workshop, audio-visual studio, ...

DUBAI / WAM Foreign direct investment (FDI), inflows to West African countries increased 12 percent to $11.4 billion in 2016, supported by recovering investment in Nigeria, a recent analysis conducted by the Dubai Chamber of Commerce and Industry revealed. The analysis, based on data from United Nations Conference on Trade and Development, UNCTAD, was released by the Chamber as it ...

ABU DHABI / WAM Abu Dhabi Global Market (ADGM), together with Abu Dhabi Commercial Bank (ADCB), announced a new partnership aimed at promoting Fintech and building a vibrant ecosystem in Abu Dhabi and the UAE. Through this agreement, ADCB aims at partnering with the FSRA on a range of FinTech-related initiatives and activities. Abu Dhabi Commercial Bank and Abu Dhabi ...